DMW’s CEO & Publisher provides a wrap-up of the top stories of the week. Who’s hot, who’s not and what’s the industry buzz?

The Microsoft - Google battle was back in the headlines this week with both companies announcing acquisitions in the online advertising space and increased speculation about the future of Yahoo. On the acquisition front, Google (NASD: GOOG) announced on Tuesday that it has received approval from the European Commission for its $3.1 billion acquisition of DoubleClick, the final step to completing the transaction. Google chairman and CEO Eric Schmidt applauded the announcement noting that "with DoubleClick, Google now has the leading display ad platform.”